Split-Off

Split-Off
A type of corporate reorganization whereby the stock of a subsidiary is exchanged for shares in a parent company.

This is a somewhat rare situation. For example, Viacom announced a split off of its interest in Blockbuster in 2004 whereby Viacom offered its shareholders stock in Blockbuster in exchange for an appropriate amount of Viacom stock.


Investment dictionary. . 2012.

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  • split-off — /split awf , of /, n. 1. the act of separating or splitting away from something else. 2. something that has split or has been split from something else. 3. Com. a process of reorganizing a corporate structure whereby the capital stock of a… …   Universalium

  • split off — verb To break apart, on ones own rather than as part of the group …   Wiktionary

  • Split — Split, n. 1. A crack, rent, or longitudinal fissure. [1913 Webster] 2. A breach or separation, as in a political party; a division. [Colloq.] [1913 Webster] 3. A piece that is split off, or made thin, by splitting; a splinter; a fragment. [1913… …   The Collaborative International Dictionary of English

  • split-up — /split up /, n. 1. a splitting or separating into two or more parts. 2. a separation or dissociation of two groups or people. 3. Com. a process of reorganizing a corporate structure whereby all the capital stock and assets are exchanged for those …   Universalium

  • split — I. verb (split; splitting) Etymology: Dutch splitten, from Middle Dutch; akin to Middle High German splīzen to split and probably to Old High German spaltan to split Date: 1567 transitive verb 1. a. to divide lengthwise usually along a grain or… …   New Collegiate Dictionary

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  • Off the Wall (album) — Off the Wall Studio album by Michael Jackson Released August 10, 1979 …   Wikipedia

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